£269,944
This estimated value is based upon the latest sale price for the house of £155,000 on 20 Oct 2011. This value is then adjusted by the current Official House Price Index for SUFFOLK 1
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| Price Paid | Date |
|---|---|
| £155,000 | 20 Oct 2011 |
| Detached |
| Freehold |
| Floor Area: 79 sq meters or 857 sq feet |
This model uses changes in the Official Land Registry House Price Index for SUFFOLK to estimate the market value.
When this house was purchased in October 2011 the House Price Index for SUFFOLK was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.158%.Applying this 74.158% change to the original purchase price of £155,000 results in an estimated price of approximately £269,944.
| 20 Oct 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.158 % | £155,000 | £114,944 | £269,944 |
The Postcode Pricing Model uses changes in average sales price within the IP1 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 70.071 % | £108,610 | £263,610 |
| 3 Month Average | 79.840 % | £123,751 | £278,751 |
| 6 Month Average | 94.350 % | £146,242 | £301,242 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jun 2023 | £352,055 | £345,000 | 57 CHESTERFIELD DRIVE |
| 20 Jan 2023 | £317,849 | £317,000 | 22 TRANMERE GROVE |
| 22 Nov 2022 | £141,837 | £142,500 | 43 CHESTERFIELD DRIVE |
| 11 Jul 2022 | £398,998 | £395,000 | 35 TRANMERE GROVE |
| 22 Mar 2022 | £292,301 | £280,000 | 13 CEDARCROFT ROAD |
This house has a floor area of 79 sq meters or 857 sq feet when measured on 17 Dec 2010. Using an estimated price of £269,945 means this house is valued at £3,387 per sq meter (£314 per sq foot).
The average size of a house on TRANMERE GROVE is 82 sq meters (892 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Charlton Avenue |
| Aug 2024 | Anti-social behaviour | On or near Chesterfield Drive | |
| Aug 2024 | Anti-social behaviour | On or near Chesterfield Drive | |
| Aug 2024 | Anti-social behaviour | On or near Chesterfield Drive | |
| Aug 2024 | Anti-social behaviour | On or near Chesterfield Drive |